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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KT
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Green day on Friday for KT Corporation stock after gaining 0.639%
(Updated on Apr 26, 2024)

Sell candidate since Apr 16, 2024 Gain 2.27% PDF

The KT Corporation stock price gained 0.639% on the last trading day (Friday, 26th Apr 2024), rising from $12.51 to $12.59. During the last trading day the stock fluctuated 0.796% from a day low at $12.56 to a day high of $12.66. The price has risen in 6 of the last 10 days and is up by 1.37% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 27 thousand more shares were traded than the day before. In total, 341 thousand shares were bought and sold for approximately $4.30 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.64% during the next 3 months and, with a 90% probability hold a price between $10.67 and $12.28 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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KT Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 3.88%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The KT Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $13.48. On a fall, the stock will find some support from the short-term average at $12.48. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Wednesday, July 12, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Wednesday, July 12, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for KT Corporation stock

KT Corporation finds support from accumulated volume at $12.46 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.1000 between high and low, or 0.796%. For the last week, the stock has had daily average volatility of 1.00%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (KT) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect KT Corporation to open at $12.60, and during the day (based on 14 day Average True Range), to move between $12.37 and $12.81, which gives a possible trading interval of +/-$0.218 (+/-1.74%) up or down from last closing price. If KT Corporation takes out the full calculated possible swing range there will be an estimated 3.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $12.46 (1.03%) than the resistance at $14.41 (14.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is KT Corporation stock A Buy?

KT Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.751 Sell Candidate Unchanged

Predicted Opening Price for KT Corporation of Monday, April 29, 2024

Fair opening price April 29, 2024 Current price
$12.60 ( 0.106%) $12.59

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for KT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.70 0.90 %
R2 12.67 0.597 %
R1 12.64 0.409 %
Current price: 12.59
Support S1 12.57 -0.198 %
S2 12.54 -0.385 %
S3 12.50 -0.688 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 14.98 18.98 %
R2 14.56 15.65 %
R1 14.41 14.46 %
Current price 12.59
Support S1 12.46 -1.03%
S2 12.42 -1.35%
S3 12.12 -3.73%

KT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 13, 2022 Dec 29, 2022 May 04, 2023 $0.610 5.36%
2 Apr 27, 2022 Dec 30, 2021 Apr 25, 2014 $0.636 4.14%
3 Dec 30, 2020 Dec 30, 2020 Apr 25, 2014 $0.606 3.95%
4 Dec 28, 2005 Dec 28, 2005 Dec 28, 2005 $0.97 31.29%
5 Jun 28, 2005 Jun 28, 2005 Jun 28, 2005 $0.493 13.81%

FAQ

What is the symbol for KT Corporation Stock and on which exchange is it traded?
The symbol for KT Corporation is KT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell KT Corporation Stock?
KT Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy KT Corporation Stock?
KT Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy KT Corporation Stock.

What's the current price of KT Corporation Stock?
As of the end of day on the Apr 26, 2024, the price of an KT Corporation (KT) share was $12.59.

What is the 52-week high and low for KT Corporation Stock?
The 52-week high for KT Corporation Stock is $15.35 and the 52-week low is $11.10.

What is the market capitalization of KT Corporation Stock?
As of the Apr 26, 2024, the market capitalization of KT Corporation is 6.148B.

When is the next earnings date for KT Corporation?
The upcoming earnings date for KT Corporation is May 22, 2024.
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About KT Corporation

KT KT Corporation provides integrated telecommunications and platform services in Korea and internationally. The company offers fixed-line telephone services, including local, domestic long-distance, international long-distance, and voice over Internet protocol telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services; and data communication services, such as fixed-line and leased ... KT Profile

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